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the official in the back. >> referee: pass interference by number 24 of the defense. >> brent: that is malone. spot foul but a first down. >> kirk: the official is pretty close. it's a no-brainer there. malone hooked him with his left arm. >> brent: he got both. his right hand is on him too. >> kirk: right call. gives chelf and the cowboys offense another chance here. 2:31. >> brent: 2:30 now. empty backfield for chelf. throws it underneath and stewart is wrestled down at the 8 yard line. so this will bring up a second down. of course, any time k-state can keep them out of the end zone, they eat up some time here. they got it down to 2:14 and counting. chelf throwing to the right corner. dive. jump ball. intercepted! picked off by you know who! the hat trick for chapman! allen chapman with his third interception of the night! the senior from san francisco, who played at the city college of san francisco before transferring here and he has a rare night for a defense back. >> kirk: watch the quarterback wait, wait, wait. so many of his throws have been get back, get the ball out. get back, get
are moving towards the westward, the kalahari. narrator: geographer brent mccusker is studying a rural area in the northern province to analyze the impacts of reform. is this true scrub land or is it more savanna? narrator: during apartheid this was a large, white-owned commercial farm. in 1995, 396 black south africans purchased the land as the mashambalogu communal property association-- or cpa. mccusker: in south africa after 1994, there were a series of social projects. one of the projects was to give a social benefits grant because people had been materially and economically dispossessed in apartheid. so at 1994, each citizen who was previously classified as historically disadvantaged was allowed to apply for a 15,000 rand social grant, which is about a little under $2,000. they could use it for a child's education. they could use it for building a house-- buying a new house. they could use it for upgrading their land, for fertilizers or they could purchase land with it. what we see on the mashambalogu cpa is a group of people who got together to obtain a farm. for this particular farm
? > > we're seeing brent crude is running up, yet the wti crude here in the united states has been pulling down - it's been staying in the mid-$80s. normally we see anywhere from a $15 to $20 range between the west texas and brent. but we're seeing the brent going up, and i do see that continuing. again, with israel and everything else, nobody has really talked too much about iran lately. they're still there. they still have their nuclear issue. and they're still looking to block the strait of hormuz if pushed too far. i would look for brent crude oil to continue to rise up. > > there is just a lot going on. thank you gary. > > there certainly is! china has a new leader, 59-year old xi jinping. he's travelled widely in the west, organized the beijing olympics and has a daughter attending harvard. for the next ten years, he will head up a ruling elite of seven men and oversee economic change in the world's most populous nation. to many, xi jinping's life of contradiction may be to the west's advantage. head of china's ruling communist party and married to a pop-star, his teenage years were
the bureau of labor statistics. let's talk with brent schutte. he is the market strategist for bmo global asset management. once again a split decision: we have the unemployment rate ticking up 1/10th, but job creation also up. > > sure. this number was actually a little bit better than the ones that we've commented on in the past. 184,000 private payrolls were added in the month of october. the household number, which is used to calculate the unemployment rate, was also up, but more people were coming back into the labor force, so you actually had the unemployment rate tick up by 1/10%. > > it's funny how, statistically, a lot of people would say it's not that significant this change, but politically, everybody jumps on it and tries to peel back the onion and figure out who does this benefit? > > sure. i guess i think it's a little late in the equation for it to make a huge difference in what happens on tuesday. if you look right now, the polls are very divided, and largely they're divided because who you think is actually going to come out and vote. so are more democrats going to vote,
look at the differentials between the domestic crude oil, the wti market and the brent market, for instance, you'll see a drastic difference. if you go back just a couple years, 2009, 2010, those markets were trading roughly flat, give or take, about the same level. starting in about january of 2011 we've seen a precipitous drop in the price of wti relative to brent. today the december contract $23 below the brent contract. move that back in the curve. go to december '14, $10 cheaper. december '15, it's $8 cheaper for wti relative to brent. and i'll tell you, bill, even at $23 cheaper, than the brent market is right now, are you seeing such relief at the pump? >> i mean, do you really think we can get to that position in terms of having this huge production to come in the united states? pete, is that really doable? >> i think chris made some very good points. certainly if the price drops it will no longer be economic fe feasible for some of these methods. environmental impacts moving down the road. these are all factors that have already benefactored into the price of oil as t
the tragedy, the cover-up in benghazi. brent bosel is next. [ male announcer ] every day, thousands of people like you, are choosing advil® because helps you keep doing what you love. no wonder it's america's #1 selling pain reliever. you took action, you took advil®. and we thank you. plus the perfecting color of a bb cream equal? introducing the newest beauty trend. total effects cc cream c for color. c for correction. [ female announcer ] fight 7 signs of aging flawlessly. cc what's possible. for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ] watch the elbows ladies. [ all screaming ] this is hayden. he's five years that's elizabeth. and that's skyler... and his mom, nancy. they're just a few of the californians who took it on themselv
. >> like closing gitmo. >> sean: time for our media mash segment. brent bozell has this week's most outrageous media bias. and a candidate to fill jesse jackson jr.'s seat. small problem, he's a falcon, had sefelon, sowhat am i missin? is this the guy democrats want tomy consider for congress straight ahead. then i read an article about a study that looked at the long term health benefits of taking multivitamins. they used centrum silver for the study... so i guess my wife was right. [ male announcer ] centrum. always your most complete. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting
, we take a look at the media mash, next. we will check in with brent bozel. but john kerry is rumored to be next in line to head up the state department. but we will take a trip down memory lane and remind americans of why wherejohn kerry is and where he stands in relation to military matters, coming up. well, if it isn't mr. margin. mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you fod a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. marie callender's turkey breast with stuffing is a great reason to slow down. creamy mash potatoes, homestyle gravy and 320 calories. marie callender's. it's time to savor. >> there is no reason that young american soldiers need to go into the homes of iraqis, terrorizing kids and children, you know, women... >> sean: that was s
in the middle east a big piece of that. we saw wti and brent both spiking about 3% each. in fact, wti hitting a one-month high, adding $2.36 at the close but settling under $90 a barrel. one trader pointed out something interesting. on a day we saw wti spike $2.50 he was looking for volatility in the marketplace which he said came in as he was looking at options market, indicating that this could just be a short-term blip for oil and the market may not be expecting this to be a longer term issue. of course, violence and tension in the middle east is a big issue, especially post-arab spring. have you a tinderbox there so people will be watching these events closely to see if they ignite something more. a lot of green arrows in the energy space. nat gas closed slightly lower. >> ignite something larger, that's the bigger question we face. that's what we wonder about. the other thing that's so different this time around is the role of egypt is completely different because the arab spring has happened. we used to kind of know where -- we knew exactly where hose any mubarak stood. >> are they a me
. thank you. >> thank you. brent jones, followed by peter cohan. and david schner. >>> supervisors, my name is brent jones. i'm a graphic artist who has lived two blocks away for 28 years. i also work for the giants for the past eight, so i'm a little out of it right now. but i understand that the plot has been sold and i appreciate the efforts of jay and these other people. but when i moved into hayes valley, you couldn't pay to live that neighborhood. you couldn't get cable companies to put cable in because it wasn't densely enough populated. since i've been there, i didn't do a powerpoint, this is all-new residential. there's a lot of new residential coming in. and i know that there was a hearing on this in june. it kind of went into my radar when i read bought new developments going in blocks away from me. about a month ago they cut all these trees down to build the condos, future units at grove and goff. if you've ever gone by the farm area, it in itself is an urban oasis and i understand economic development, you know, i feel affordable housing is an oxymoron in this town. anythi
this. >> reporter: i love teed picture sent in by samantha and brent goldmig of their daughter who loves to go shopping at the disney store. this is a picture of her hanging out with all her favorite friends. we posted it on facebook generated aton of comments tony wrote in saying daddy knows how to play the claw machine. another says i am stuffed. jamie if you don't take me to disney, i will bring disney to me. susan saying going for a stroll with my peeps and max saying this is one way to take my mind off the election. so please keep your captions coming and i need caption this photos for this week many so e- mail yours to pix@wmar.com and thanks to samantha and brent for sending in the great picture. >> that's a great picture. >> thanks a lot. >>> a day on the water turns into a frightening event for 7 people including children. they were sailing in northern california when the boat capsized. rescuers found five of them holding on to the hull for dear life. they soon learned two more kids were trapped in thship's cabin which was filling up with water. crews managed to get everyo
. - cat lover? - oh, yes. uh, it's actually the anniversary of my cat brent hoffman's death. i miss my dead, dead cat. - i am so sorry to hear that. - thank you. now i'm the proud owner of seven, which some people think is weird. - you know, i think it's weird if you don't have more. - well, i did until this one died. [both laughing] - you know, i have a dozen cats myself. you should come over and breed. with my cats. - oh. - cats. you should breed with my cats. - well, yeah, that would be nice. - yeah. okay. - but i should-- i should go. - totally. - it was nice to meet you. - so nice meeting you. - yeah. - okay. we'll see ya. okay... - damn. - move over, ms. quiznos, big fat's got a new chick. [laughter] - if you really wanted to make a good joke, you could have said "move over miss wendy's," 'cause it's a woman. - you see this? it means not wendy's. - mmm, toasty! - okay. - yeah, that's hardcore. - that gets me hungry, dude! - that's hardcore. - ♪ he's insane d3d3b8x0x0ú! a@q$i>
. really the biggest action over the past three days has been in brent. that's much more tied to the international oil market outside the united states. that's where we see the real increases over the past three days. in fact, the premium of brent to wti, that has widened to as much as 23.58. that's the widest level we've seen over the past three days. there we go, brent is up 1.3%. >> we've got the retail countdown to black friday for you. let the tablet wars begin. which device will santa be carrying this year? all the christmas references will work their way into our teases. we'll take a closer look at the tech showdown. one more check on futures, moderate weakness. we'll see how we close out. a full session, probably a light volume ahead of a shortened session on friday. [ female announcer ] want to spend less and retire with more? at e-trade, our free online tools and retirement specialists can help you build a personalized plan and execute it with a wide range of low cost investments. get a great plan and low cost investments at e-trade. since ameriprise financial was fo
what's happening with brent crude now? >> brent crude the first time is take over trading contract. now the most traded commodity future in the world. ever since crude oil, wti here domestically as well as brent oversees taking over, a lot more relevance than seeing spread between these two contracts way lot of traders look at, above $20. i think that all stems from the geopolitical tension the lack of supply potentially out of the middle east. >> we have conagra ceo on cnbc with jim cramer tonight on "mad money." that's at 6 p.m. and 11 p.m. eastern time. so you don't want to miss that courtney reagan has a market flash for us. court? >> thanks very much, sue. i know you were talking about the oil markets earlier. we have a connection for you here at the market flash. look at rowen, offshore contractor drirl, the company did issue its monthly status update with regardses to threga did issue its monthly status update with regards to its rigs. >>> consumer confidence rebounding, new highs, multiyear highs, housing on the road to recovery in many cities. greece reaching a deal but fears a
. east of the bay, up to 90 degrees in discovery bay and brent wood. otherwise most of us in the low and middle 80s. napa, santaa rosa at the record forecast temperature of 89 degrees. and san francisco shy of 80. average high, 69 degrees. wow, air quality going to take a hit tomorrow. hooks like it is -- looks like it is on the hazy side. here is your e tended forecast. we will use wednesday for our transition day. cooler temperatures, but, the sun will still shine. we will cloud up on thursday with a good shot of precipitation in the forecast. daily chances of you needing the umbrella on friday and saturday. and then as we approach the hot day, veterans day, we are talking veterans day and it feels more like the 4th of july. >> i know, a georgeous day. good day to be in oakland. >> yes. incredible game. yes, walking out to the war. maybe i should go back, you know, incredible football game. we had a record day for andrew luck. but did they pull off a stunning comeback? we will tell you, next ,,,,,,,,,,,, hmm, it says here that cheerios helps lower cholesterol as part of a heart hea
with the violence we're seeing in gaza and we'll have plenty more on that story. we're seeing brent and nymex adding more. up 0.3% for brent. showing more of a reaction than nymex at the $86 level. after the break, we'll head out to germany with evidence that europe's largest economy is increasingly hurt by the problems the rest the continent is suffering. and it comes as anti-austerity riots? n. spain and portugal results in physical clashes. here are scenes from central lisbon. [ female announcer ] want to spend less and retire with more? then don't get nickle and dimed by high cost investments and annoying account fees. at e-trade, our free easy-to-use online tools and experienced retirement specialists can help you build a personalized plan. and with our no annual fee iras and a wide range of low cost investments, you can execute the plan you want at a low cost. so meet with us, or go to etrade.com for a great retirement plan with low cost investments. ♪ >>> a couple other stories we're following this morning, russia's space agency has denied it lost communication with the international space
drafted by pamela and finalized by dhr were sent out via email from brent lewis to the list of preapproved contractors on october 2, 2012. the deadline for submission is october 22, 2012. we asked replies be sent directly to me. to date i have received one proposal but my experience is many contractors will wait until the last minute to submit their proposal. given the published guidelines i am expecting a summary of cost be sent to president mccarthy. without having to draw it out, that is it in the elevator speech with where we are with everything at this stage. if there was any questions or any any ideas that the commission might want to put forward, now would be a good time to talk about them and we can definitely bring them up to ted when we meet him again the next time. commissioners. >> i have one question. what is the nature of an informal versus formal proposal? >> could i get somebody who would be best to answer that question? thank you, pam. i know the commissioner knows the answer. >> pamela levin, department of building inspection. pardon my voice, i've been really sick.
, thanks. we have just seen a spike-up in brent on that news. u.s. futures this morning, we'll show you where we stand with that. european stocks are being very, very flat. right now down five points. the dow down 41 points. the nasdaq currently down 15 points after what's been a very flat european session so far today as well. we'll take a short break. still to come on the show, getting from point a to point b. millions of americans will be traveling this holiday weekend to spend thanksgiving with friends and family. are they going to face head aches on their journey? we'll talk with peter pan bus lines when we come back. >>> you're watching "worldwide exchange." i'm ross westgate. these are the headlines today from around the world. angela merkel says the greek financing hole can be filled as they fail to reach agreements on how to resolve the country's sustainable debt issues. the fbi has launched a probe into the alleged accounting issues in the hewlitt packard autonomy deal. >> the first we heard about it was a press release. we utterly refute them. these are absolutely factually i
on wednesday. highs around 70 tomorrow. san jose, 71. redwood city, free month 69. pittsburgh, antioch, brent wood, 71. 71 for san leandro. we're sunny on sunday and monday but here come the clouds. on tuesday rain is likely wednesday through friday. time for sports. >> indeed ahead. what jim harbaugh said today about his quarter back situation. and the w's trying to end a road trip strong in the rocky mountains. colin kaepernick, not alex smith, would qb his team ths sunday in new orleans. did h harbaugh a . >> earlier today in a radiointerview donte witner said collin would quarter back his team. did coach harbaugh agree? >> no, we feel like there's no competitive advantage for us to release that information. you may have your opinions on it. it's unorthodox. you know so be it. you can call me names if you want. or make sport of me. >> warriors in denver. looking for their fifth win of the last six games. seven and five. late first half. they left clay thompson open. free ball. golden state led by six at the half. but the nuggets said all right that's enough. they started the second half wi
dedication to making sure that the backup power works and is reliable, we brent monthly honor generators, sometimes weekly, and we plan to prepare for these outages. that has been a strong reminder also. >> mr. mudge, about 25% of cell towers went out of service because of hurricane sandy. the "wall street journal" said, the fcc tried to require backup batteries. wireless carriers successfully sued to block the rule, arguing that the needed flexibility in how they provided backup power. are cell towers for verizon backup? >> yes. they are backed up. we have an emergency generator. those that do not, we can service with a generator in a matter of hours. from a factual standpoint, even at the peak of the storm with the vast power outages we had up and down the coast, 94% of our cell towers were operating. we were close to 99% a matter of days. >> you talked about telephone poles, and how many telephone poles you've had to replace. nearly 8000. what is the cost of that? >> is quite a cost. we are still adding up the cost. this is not a time for us to be as focused on cost as my cfo would li
partly cloudy, partly sunny skies, cool and breezy. there is a definite line stretching from brent wad to livermore and mess anton and dublin. there is some of this activity lingering back and 580, seat seat split, back to fremont, union city, over to the peninsula, then it washes out a little bit. so there's still a little bit here, but it's about another hour and we'll be done with thank you very much then we'll focus our attention on the next system. that's the one that i think has better potential that will line itself up late thursday afternoon and evening into the north bay. mendocino county, napa, sonoma and marin, that could be there for a while thursday. that could produce some really heavy rain if it doesn't move, if it stalls out. that will sweep over the area late thursday into friday for everybody. that will be the third system in the pattern of the there will be one more on the weekend. for us this system from this morning we're almost done with it. i think things will wind down pretty fast. still some showers, breezy, sun, clouds. rain holding on parts of the east bay, s
of the media center, brent bozel. we interviewed ty woods, what a comparison. we are hardly covering that story. let's go back and look at the cindy sheehan coverage. >> she lost her son in iraq. she opposes the war. now she is camped out at president bush's ranch and won't leave until he meets with her. cindy sheehan is red hot symbol against the war. she is magnet to the anti-war movement. >> she icon in the war's turning point if this is one. for three weeks she has mobilized protestors. she is taking a stand both with and without relatives in iraq. >> they basically said made decisions about his son or basically guilty of murder. no coverage. >> i don't know, the conversation that has what happened with this story. take away the controversy. it is one of the single most powerful stories that you and i will see in our lifetimes. two men who didn't have to do what they did and did it anyway. that were ordered not to do it but disobeyed orders because they were fellow americans who needed to be saved. they knew they were going to their deaths. they were knew they were going to die and they sti
over to brent to find out what's coming up at 7:00. >> talking about the situation in gaza and israel and how the san francisco consulate here is going to talk to me live. they're gathering for a prayer vigil tonight. also, he hopes to update us on any new information. we've been hopeful there's going to be some kind of resolution, some kind of a cease fire. i believe he has the latest details. we'll talk to in a couple minutes on comcast 186. >> thank you, brent. have a great evening. hope to see you back here at 11:00 as well. >> good night. >> now on a "extra," new video. petraeus's mistress slamming a reporter's face with her car petraeus's mistress slamming a reporter's face with her car door.
a little bit. brent right around the 110 mark people have been watching. natural gas down, as well. and the ten year, my favorite gauge, 1.673. nothing's changed. the dollar, what's happening with the dollar here? 1.28. a little more strength -- not much really. >> although that's a stronger euro. big story has been the dollar-yen. some sense that there will be serious spending out of japan. finally, gold. a measure of a lot of things here. up five bucks. time for the global markets report and we have ross westgate standing by in london. any news out of mario draghi in. >> well, he's reiterated what he said for the last month. they stand ready to launch the omt should anybody actually want it. of course that means spain. but we saw with an auction yesterday just to recap really pretty good spanish auction. they raised more money, about 3.9 billion. yields were lower. so as long as that continues, they won't be in any rush. not in a germany wants them to rush to it because angela merkel doesn't want to ask for approval to give money to spain anyway. in the light of all of that and t
of a percent. nymex and brent both adding to their levels as we see continued unrest across the gaza strip. gold, though, is lower. let's get out to asia. it's china, japan, which are dominating trade morning. >>> markets wrapped up the week on a mixed note. nikkei ended at a two week high. hopes of more policy easing. the yen trading around the 81 handle versus the greenback. shares in china extended losses and down 2.6% this week. no real policy cut list after china unveiled its new team of leaders. oil leaders lost ground after beijing cut the retail fuel prices, but environmental plays bucked the downward trend yet again on hopes of more government support. the hang seng index managed to eek out modest gains. walmart posted disappointing earnings. the htc shares surged nearly 5% on on news its market share has doubled in q3 from the previous quarter. a south korea automakers were morning the gainers with kia jumping 6%, but technology majors bell majors tumbled. and weak bank shares weighed on the asx 200. this is its biggest weekly fall since late may. kelly, back to you. >> thanks ve
. brent and nymex both up. $110 is the level on brent. nymex still below 90%. deidre wang morris has plenty more details from singapore. >> shanghai composite continuing to bleed. this index was this positive territory just slightly for most of the session. but in the last hour gave up all gains to end down half a percent. what's interesting is we had news in the last hour of trading that transaction fees for trades would actually be cut. so i don't get it. investors found reason to sell. but there were a few bright spots. saic motor up on the session after its joint venture partner in china gm announced that they were building another factory. and elsewhere the hang seng up to the tune of 1%. we were also looking at a chinese automaker here and actually it was down i should say, this is after goldman sachs said it was selling its stake. however shares have doubled this year. so kospi down 1.2%. we have the asx -- i think i said down. it was up 1.2%. i know that in london rio tinto is gaining some 4.5%, but not nearly as strong here. below 1%. the same for bhp billiton. but those min
, millions are still without power and brent bozell, founder of media research center, i've got two issues, want to talk about how the media responded. first of all, the president's leadership in the aftermath of hurricane storm sandy. go. >> well, it's superb, it's stellar, it is -- it is the almighty coming down to earth, parting the waters and everything else. this has been the -- this is going to be the narrative throughout and-- >> going to stay like that. >> and the part of the question is pardon me? >> will it stay like that and media still give rosie coverage to the president because things are falling apart on the ground and cutting through the red tape that the president promised has not happened. it's getting ugly up here in new york, will the media still cover the president's role positively? >> yes, they'll separate the two stuart at least through election day. look, this narrative is just, the media coverage is out of control and as i've been saying all year, it's a simple formula, if it advances the reelection of the president, it's positive. if it attacks it it's negative a
to the brent crude, most of the focus was on brent crude for most of the day. there have been other developments throughout the day. i know you will ask me about it that caused the spread to reverse and go negative the other way. at one point brent crude was down despite the increasing tension in the middle east. that is reversing back again and then a mild day when a comes to oil. dennis: i wonder about the coast guard investigating a fire at an oil drilling platform in the there was a concern that this rate would cut out supplies in the gulf of mexico. memories of another drilling moratorium possibility but when more news came in and it was a shallow water rig it would be easily cap, the market's going back and the focus back on the fiscal cliff and geopolitical risk in the weekend. dennis: perfect, thank you so much. cheryl: 45 days until massive spending cuts and tax increases stake in. the president met with congressional leaders about the fiscal cliff. markets seem to like leadership's comment. dennis: will anyone save the twinkie? after the tough-talking ceo of hostess move t
bet. >> sean: coming up, brent bozel with blatant examples of bias in this week's special editions of media mash. with the re-election of barack obama, we need to ask ourselves, where is this country headd? are we still a center right nation? gay marriage, legalizing marijuana? we will answer that question, as we continue, straight ahead on "hannity." the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acnen women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swell
will do the media's job. thanks for being with us. >> you bet. >> sean: coming up, brent bozel with blatant examples of bias in this week's special editions of media mash. with the re-election of barack obama, we need to ask ourselves, where is this country headd? are we still a center right nation? gay marriage, legalizing marijuana? we will answer that question, as we will answer that question, as we continue, straight ahead sometimes life can be well, a little uncomfortable. but when it's hard or hurts to go to the bathroom, there's dulcolax stool softener. dulcolax stool softener doesn't make you go, it just makes it easier to go. dulcolax stool softener. make yourself comfortable. if you're a man with low testosterone, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as un
on the announcement there would be a cease fire. then also we saw brent crude prices fall below $110 a barrel. now they're making their way back. why is that? well, traders on the floor are telling me the same thing that white house officials are saying. that is that they're very cautious about this cease fire and whether or not it will hold. that is something that has not removed the geopolitical risk premium from this marketplace. when you think about the trading activity that will happen over the next several days, the fact that the trading floor is closed tomorrow, it will be a half day on friday, that the electronic trading will be at somewhat reduced hours. there's not going the same amount of liquidity. there's not going to be the same amount of participation. that will influence the trade too, perhaps. traders don't want to take any real bets. they don't want to be short this market. we're also looking at the fact that when you look at the week, the month, we're still higher for the price of crude oil. when you look at the premium of brent crude to wti crude futures at $23 plus, it lets yo
today. west texas intermediate closing above $88 a barrel, up 1% in this short rned session. brent risie ining as well but slightly less than that. >>> nonetheless, energy prices apparently are about to get lower. our next guest is talking 70s on crude for next year. john, why are you so bearish on oil for next year? >> a couple of things. global economy doesn't look all that great for next year particularly in europe. they have a lot to get together, the greece situation. we're also now -- >> it's going to get worse than it is this year. >> yeah. iea, opec itself all looking for demand declines next year in terms of growth. also, two things that bedevilled the brent market this year, troubles out of the north sea, constantly having problems with production. once that comes back online for any length of time, lower prices. similarly, i know all the debate is around the keystone pipeline -- there is a lot of work being done as we speak to get oil from west texas to the u.s. gulf and from cushing, oklahoma and the mid continent -- >> so we're awash in oil. >> but it is landlocked as well.
of those breaking stories. sharon, over to you. >> brent crude prices are higher as well as wti but you may expect that they would have been even higher based on the news that we're hearing. we do see brent crude futures above $108 a barrel and wti futures near the $87 mark. we are seeing a continuation of pretty big spread though between these two contracts. traders here on the floor are telling me that's what lets you know it is what is happening in the middle east, it is the iran report, it is also what we are seeing in terms of the oil rig on the gulf that's lifting the oil price. traders do not want to be short going into the weekend. it is a very jittery market here and they are afraid of those positions that they may have that were on the short side. the low in the wti contract was around $85 a barrel earlier this morning. so we have seen a significant rise there. as we're continuing to monitor what's happening there in the gulf of mexico, again it does appear that no production was impacted because there was no production coming from that particular platform. but we are continuing t
, two key relationships. the first is between wti and brent. we have seen that thread work out to all-time highs. i believe right now december on december, is about $23. meaning the price of brent is $23 higher than price of wti. that can be explained by what came out of the report today. there's a shift taking place. obviously supply in the united states is at highs. and cheap oil in general is a very bullish thing for commodities. where cheap oil begins to become a problem like in 08 is if it's associated with weak economic growth. we need to keep that balance very close and watch that as we head throughout the week here. cheryl: john, one thing i will say as a caveat there is that the weather, which is always unpredictable looking like it is going to be a really rough winter, heating oil, things like that, are you making bets in those markets now? >> you know, it is funny because if you look at hurricane sandy and what it's done, i think short-term heating oil, reformulated gasoline, probably a bit of bearish component to some of the issues in terms of getting gasoline to new york
by brent is that you have the canopy coming in outcome and the u.s. economy would be good big firms coming ge, gm, wal-mart, all that. and then he got small business, but it's the small and growing. it's sickening that were small and can challenge the date and what happens in the big tree falls over. again, the amazing thing is new trees grow right out of the old trees. that is a metaphor, but it's real. because i'm really something big in the economy, it's vital we know how to reconfigure resources and create some new out of it. so do we need control? we need feed back. we need the capabilities to repurpose. in this country, we need to build a robust platform for people to realize what they have inside of them. that's why people came to this country and that's why people here look for a better future that will be like the better future that their ancestors looked to when they came. so you know, i would say yes, you know, we need control, but we need controls. all kinds of interdependencies, all kinds of self regulations and ways of understanding what's happening, what's working, what's no
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